Norwegian Yara evaluates a new strategy for its South African business.
The new strategy includes optimising the logistics system, product portfolio and restructuring the plant in Potchefstroom.
The company’s planted area in South Africa has in recent years been reduced, resulting in decreased demand for fertiliser, growing oversupply and unsatisfactory profitability.
Company spokesman said: “The South African business was acquired by Yara in 2000. The reduction of planted area resulted from the company’s historical, competition and market reasons.
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